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SMB Card FinTech Bucks Coronavirus Uncertainty With Funding

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companies, including $75 million landing at one FinTech looking to bolster small business credit card payment adoption. California’s Pathlight announced a $7 million Series A funding round this week for its B2B technology that enables businesses to streamline day-to-day team management operations. ”

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WEX Extends Fuel Card Contract With Sheetz

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announced a 10-year extension of its fleet fuel card contract with convenience chain retailer Sheetz, Inc., WEX supports the Private Label, Universal and Tri-Brand fleet cards available at Sheetz, which can be used to purchase gasoline at store locations. On Wednesday (Oct. 18), payment solutions company WEX, Inc., billion range.

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Top News In Payments: Brex Unveils Management Account; Saga Teams With Marcus For Savings Accounts

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Today in the payments news roundup, FinTech startup Brex is launching a business cash management account to take the place of traditional business bank accounts. Brex is rolling out a business cash management account to take the place of traditional business bank accounts. Brex Launches Brex Cash To Replace Biz Bank Accounts.

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Signature Bank Taps Tech For Simplified AP

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Chicago-based Signature Bank is rolling out a technology platform called Finrails AP to simplify B2B payments, the company announced on Thursday (Feb. Payments are facilitated using virtual Visa commercial cards, ACH and checks. Payments are facilitated using virtual Visa commercial cards, ACH and checks.

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Billtrust Taps Green Dot For New CFO

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” Shifke recently served in numerous capacities at Green Dot, including CFO, general manager of government programs and vice president of special projects. In October , Billtrust announced that it was expanding its presence in Chicago as it experiences rapid growth, including more than $30 billion in ACH and card payments processed. .

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Capital One Q2 Earnings Preview: Increased Spending, Decline In Revenue Expected

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Its core card business and its commercial lending activity grew, leading to higher revenue numbers. The company is also continuing to introduce new Capital One Cafes , like the three opened in Chicago, which each offer a full-service Peet’s Coffee as well as ATMs and “ambassadors” who are available to answer questions and provide assistance.

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MasterCard Brings Tap-To-Pay To Public Transit In 80+ Cities

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Just in time for the summer travel season, Mastercard has announced a series of partnerships in over 80 cities worldwide, which will enable card carriers to tap to pay for public transit. With constraints on their budgets, cities are looking for smart, cost-efficient ticketing and on-demand management solutions that enhance urban life.”.

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